Now that 2022 is here, we thought we would look back at one of the biggest mysteries of 2021. What happened to the American worker? It’s been called the Great Resignation. Here’s our list of charts and stories that try to come up with an answer:
Was it really resignation?
Forbes makes a case for the Great Contemplation.
The Federal Reserve has some evidence that it’s a Covid Retirement Boom.
With this chart, JP Morgan makes the case that it’s about international migration:
Moody’s uses US Census data to show the shift:
Goldman Sachs says that it’s about older workers not wanting to work:
The Washington Post provides a complete list of potential causes. Maybe it’s a combination of all these factors?